‘Black Gold’ Rush Hits Israel’s Stock Market
January 22, 2010 by admin
The Israeli stock exchange (TASE) closed up yesterday. One of the shining stars in Israel’s trading economy? Oil and gas companies. Israeli Haaretz newspaper reported today:
“Over here, if anything’s hot it’s the oil and gas sector. After having gained 2,470% in the past four months, units of oil exploration partnership Modi’in rose another 9.1% yesterday. The company pulled off a NIS 20 million rights issue that took it of the Maintenance List of companies not in compliance with Tel Aviv Stock Exchange listing rules.” (read Haaretz article)
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Sunday January 24 INN(Israel Natl News) Oil find in the NEGEV desert near ARAD by TZUK TAMRUR #4.
1 COR. 15:57 PHIL. 4:19 DO NOT GROW WEARY IN WHAT GOD HAS CALLED YOU TO DO. HE WILL BRING IT TO PASS. AMEN